Yara delivered on its shaping issues, meeting global challenges
Incorporating citizenship in its strategy and business, contributing towards solving global issues as energy, climate, food and health
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Yara strengthened its global position and presence, and presented its best results so far in 2008. Yara kept focusing on its four shaping issues, its commitments and contributions to meet major global challenges.
Yara strengthened its global position and presence, and presented its best results so far in 2008. Yara kept focusing on its four shaping issues, its commitments and contributions to meet major global challenges.
Yara is affected by global as well as local economic developments, particularly within the markets it operates. Yara contributes greatly to economic as well as social development: Application of crop nutrients enhances yields and raises the potential income from farming, contributing to sustainable agriculture, rural development and economic growth.
Yara applies its core business and key knowledge to make positive impacts within four prioritized areas – four shaping issues. At the same time, these issues are essential in Yara’s own business development.
Yara is in continuous dialogue with key stakeholders, particularly its owners, partners and customers, as well as with national and regional authorities, and international organizations. Yara is, on both a regular and irregular basis, in active contact with various parts of society as well as governmental and institutional bodies, on a global, regional and local level.
In 2008, the Yara management decided to establish a central corporate compliance unit to coordinate and support its global compliance work, with special attention to measures to forestall corruption and bribery. A new Global Head of Compliance took office early 2009.
In 2008, Yara recorded its best financial performance so far, while continuing to make a positive impact to society – globally and locally.
In 2008, Yara reached its ambitious greenhouse gas emission target and strengthened measures to further improve the energy efficiency of its already well-tuned production.
Yara managed to handle the volatilities of 2008, including the challenges facing the workforce. The company continued its strong track record with regard to industrial safety.
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MD&A Committed citizenship (PDF, 414KB)
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